Open 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

Open

4.7

(27)

Pricing

Starting at $7.87 per month

About Open

Open is a cloud-based solution that helps startups and small to medium businesses manage virtual accounts, expenses, taxes, payments, invoices and other operations via a unified portal. The platform enables enterprises to manage customer payments, bookkeeping, financial reports and other accounting activities.

Open includes a centralized dashboard, which lets organizations gain visibility into cash-in-bank and cash-in-hand, send automatic payment reminders and share estimates, cash memos, invoices and credit notes with vendors/customers. Supervisors can generate payslips, monitor employees’ leaves and attendance, and analyze reports using the payroll management functionality. Additionally, accountants can send invoices to vendors and accept payments via RTGS, NEFT, IMPS and other modes.

Open offers payout API, which allows users to automate one-time or bulk payments and track multiple transactions. It is available for free and monthly, quarterly or annual subscriptions. Support is provided via phone, email and other online measures.

Open Screenshots

Open Pricing and Plans

Starting price: $7.87 per month

Free Trial

Free Version

Basic

$7.87

usage based, per month

No plan information available

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Open Features

Popular features found in Financial Management
Budgeting/Forecasting
Cash Management
Multi-Currency
Project Management
Revenue Recognition
Tax Management
More features of Open
Accounting
Accounts Payable
Accounts Receivable
API
Bank Reconciliation
Compliance Management
Credit Note
Customer Accounts
Customizable Reports
Electronic Payments
Employee Database
Financial Management
Financial Reporting
General Ledger
Invoice Creation
Mobile Access
Payment Processing
Payroll Management
Payroll Reporting
Real-Time Monitoring
Real-Time Reporting
Reminders
Self Service Portal
Tax Compliance
Third-Party Integrations
Time & Attendance
Transaction History
Transaction Monitoring
Two-Factor Authentication

Open User Reviews

Overall Rating

4.7

Ratings Breakdown

67%

33%

Secondary Ratings

Ease of Use

4.7

Value for money

4.9

Customer support

4.7

Functionality

4.5

Pranav M.

Verified reviewer

Food & Beverages

2-10 employees

Used daily for less than 6 months

Reviewed December 2021

Great platform with amazing functionality!

The reason behind working with Open was pretty simple. It provided us with a feature to access our funds in our bank account in ways other than the conventional methods like Bank Transfer, NEFT, or RTGS.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Open Money made it extremely easy for us to manage our foreign transactions related to online portals like Shopify, G Suites, etc. The interface is pretty convenient and the ability to create different expense cards based on the expense category really helps in managing and tracking all the marketing expenses.

Cons:

The integration process did have some glitches at first but nothing major that cannot be solved with some tweaking. Rest everything was pretty seamless.

Deepak W.

Verified reviewer

Education Management

Self-Employed

Used weekly for less than 12 months

Review source

Reviewed July 2021

Still a lot to do.

It has eased some of the issues that I faced with banking but has a lot of room to improve.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It is a cloud based platform, so there is no worry about losing the data. (The previous app I used, had a sync issue and had to redo six months of accounts again.) I went for it for two reasons: 1. The annual package was attractive with a business credit card and access to a website building platform. 2. It has many automations related to payments so I do not have to reconcile records manually (in most cases). With a majority of my customers preferring digital payments, multiple modes of payments facilitate timely receipts of payments which are a most for a small business. The data can be imported to Tally which my CA loves the most. You can even allow access solely for accounting purpose.

Cons:

1. They need to design the platform to suit a businessperson's needs (to whom they are trying to sell it). 2. Often on weekends, NEFT mode of payment has issues which get sorted only on Monday mornings. No customer support on weekends. Failed payment reversals take eternity. 3. PAIN to use on a mobile phone. Cannot import contacts. UI on mobile feels like a website adjusting full version to mobile. 4. Customer care often has text book replies. They are improving but are a still a long way from being user friendly.

Reasons for choosing Open

Cost effective and transparent pricing. Real time settlements except for cards.

Reasons for switching to Open

For the sole reason of linked virtual bank account and business credit card.

Sachin dev S.

Verified reviewer

Chemicals

51-200 employees

Used weekly for less than 12 months

Review source

Reviewed November 2022

Open office app

My experience in this product very good very useful products

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

In open office app more thing good but it's graphics tools very useful

Cons:

More thing in software that's I like graphics tool and other things

Reasons for choosing Open

I don't know alternative products it's products ossum

Ashraf M.

Verified reviewer

Retail

2-10 employees

Used daily for less than 12 months

Review source

Reviewed February 2021

Best way to sort our business account reconciliation

Overall a positive experience. My biggest challenge was not having all my accounts in one place. With Open I don't have to juggle between multiple softwares and above all, for a startup the best part is I get to experience all features free of cost.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I love that it's an all in one software. I can create professional invoices for free and my clients can directly pay with a link via card or netbanking or UPI. So the choice of payment is at the users discretion but for me, all my business payments come in one place and the status of the payment gives me clarity without having to keep checking my bank statement at all times. So big bonus for account reconciliation which for small businesses is a headache!

Cons:

Unable to categorize virtual cards. I have to keep an offline record of which virtual card is for which purpose, like - marketing, food, etc.

Reasons for choosing Open

These products provide only payment gateway. However, Open is a one stop shop solution. Plus Zoho Books was very expensive for a startup.

Rahul M.

Verified reviewer

Financial Services

51-200 employees

Used daily for less than 2 years

Review source

Reviewed July 2021

Best software for open banking for startup

Open Bank has helped me and my business greatly. Earlier I would have to make transactions from individual banks’ websites and bother myself with the slow processing time, transaction restrictions, adding beneficiaries at a slow rate, etc. Open Banking puts all of that in one place and makes the transactions way smoother and more convenient. The UI/UX is great and very appealing.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It allows me to make bulk payments and review transactions and balances of all the banks I have accounts in, in one single place. As I manage multiple accounts of my own, Open Banking makes it easy for me to also view their accounts and make transactions from a single page without having to log in and out in ten different places and bother myself with the account details and passwords every time. It also has an extremely convenient system for filing TDS and GST. Some things now I can save my business hours on. They also offer expense cards that can be used with virtual accounts that they provide to reduce the risk factor involved with it. They have connected Tally software with their systems and automated the entries made into the system so I don’t have to enter it every time I make a transaction. The one thing that tops all of this is the Founder Card that they have provided me with which can be used as both credit and debit card. Wherein I could use the money in my account, but I also get a credit limit for my expenses.

Cons:

I need one feature where we can use the same account but with multiple users.

Reasons for choosing Open

Open Banking puts all of banking, payments and taxes in one place and makes the transactions way smoother and more convenient. It has a great and very appealing UI & UX.

Vendor Response

Thank you, Rahul. This review means a lot to us.

Replied July 2021

Mallikarjuna p.

Verified reviewer

Media Production

11-50 employees

Used daily for more than 2 years

Reviewed December 2021

media 360 values "open"'s efforts for making daily banking transactions effortless.

making daily banking transactions effortless.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

1. Easy to use, quick and effortless addition of payee, etc.... 2. No waiting or cool down time at the time of first transfer. 3. Minimal transction value.

Cons:

1. takes little time to credit the amount to benificiary account, needs a improvement (mainly while we transfer IMPS transfers) 2. RTGS options not available.

Santosh H.

Verified reviewer

Financial Services

2-10 employees

Used daily for more than 2 years

Reviewed December 2021

Ease of use

All end to end financial support can be availed at open to support your business. Happy to be a customer of open

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

All that is needed to operate one's business is available with open

Cons:

Subscription plans should be more cheaper

Reasons for switching to Open

Financial support

Noor M.

Verified reviewer

Information Technology and Services

2-10 employees

Used daily for less than 2 years

Reviewed December 2021

Great All in one finance handling tool

All features and functionalities are great with a minimalistic UI

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

This tool has virtual bank account with all payment features a company requires, invoicing, payment links , payment reminders bulk payouts etc…

Cons:

May 24* 7 support will help much as this is kind of banking platform too

Reasons for choosing Open

It doesn’t have a virtual bank account type

Rashi A.

Verified reviewer

Health, Wellness and Fitness

2-10 employees

Used daily for less than 12 months

Reviewed February 2022

Open: A blessing in disguise for an SME

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

When we started, we were facing lot of challenges managing our estimates, invoices, collecting payments, etc. And then we got to know about Open Money. After using Open Money I can comfortably say that the platform has eased out all our challenges of making vendor payments, collecting payments, invoicing on the go and so many others. Founders One Card is a blessing in disguise for an SME like us.

Cons:

So far we haven't faced any challenges while using Open Money.

Rituraj S.

Verified reviewer

Computer Software

2-10 employees

Used daily for less than 2 years

Reviewed December 2021

Good experience